NOT LISTED FOR SALE

2437 Point Rd Babbitt, MN 55706

Estimated Value: $490,000 - $642,717

3 Beds
3 Baths
2,688 Sq Ft
$221/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $465,000 $173 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,811/month

142 Days on Market

Highlights

  • Private Waterfront
  • Spa
  • Panoramic View
  • Docks
  • Sauna
  • Deck

About This Home

As of September 2020

Birch Lake Home AWE-INSPIRING SUNRISES, Beautiful Breathtaking Sunsets, Magical Northern Lights, outstanding fishing, water sports galore, hiking and ATV trails minutes away, abundant wildlife - all of this and more packaged up in a well built, beautifully maintained lake home on Birch Lake. The home is nestled on approximately 1.5 acres, gently slopped to 270 feet of mixed sandy and rocky lakeshore. Plenty of well maintained yard space for outside social gatherings to include a large wraparound deck. The main level features a large bright kitchen with Caledonia Granite Countertops, a formal dining room, a NEW 100% natural stone gas fireplace custom built by a local stone mason, hardwood floors throughout as well as the master bedroom with master bath and the second bedroom and second bath. The lower level boasts a spacious tv/living room with a second gas fireplace, a walkout to the lake and the third bedroom and third bathroom. Plenty of storage space along with a bonus room that may used as an office or sewing room. Oversized attached two car garage, storage shed and of course the detached wood burning finnish style sauna located closer to the lake. It is strongly suggested to schedule your first viewing at sunset (-:

Last Listed By

Jim Burke

Keller Williams Classic Realty NW Listed on: 04/03/2020

Keller Williams Classic Realty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,620

Year Built

  • Built in 1998

Lot Details

  • 1.52 Acre Lot
  • Lot Dimensions are 270x187x323x300
  • Private Waterfront
  • 270 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Irregular Lot
  • Few Trees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Panoramic

Home Design

  • 2-Story Property
  • Concrete Foundation
  • Poured Concrete
  • Fire Rated Drywall
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • Central Vacuum
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Wood Frame Window
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Sauna

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Washer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio
  • Storage Shed
  • Lean-To Shed
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Heating System Uses Propane
  • Water Filtration System
  • Drilled Well
  • Electric Water Heater
  • Fuel Tank
  • Mound Septic
  • Private Sewer
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 625-0052-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,620

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely - South on Highway 21, left or east onto County Highway 70 approximately 1/5 mile and turn left or north onto Country Club Road for approx 1.5 miles, turn right onto Point Street to fire number 2437.
  • InternetOptions: Cable, DSL, Fiber Optic, Satellite
  • Waterfront Info Lake Maximum Depth: 25
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 172.99
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Association, See Remarks
  • ShorelineCharacteristics: Rocky, Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Drywalls, Foyer Entry, Patio Door, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock, Patio, Gutter/Downspout
  • Mfg And Park Info Construction Type: Modular
  • FinFootageAboveGrade: 1344
  • Below Grade Finished Sq Ft: 1344
  • Garage Type: Attached
  • Heat: Forced Air, Propane
  • Fireplaces: 2
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Room 10: Spa/Sauna
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1998
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Cooktop, Dishwasher, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator
  • Basement Material: Concrete Block, Poured Concrete
  • Estimated Basement Sq Ft: 1344
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Master, 3/4 Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Family Room
  • Room 7: Bedroom
  • Room 8: Laundry Room
  • Room 9: Bonus Room
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2688
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 7073.88
  • Out Buildings: Lean-To, Sauna, Storage Shed
  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 270
  • Waterfront Name: Birch
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 25 x 24

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private, Mound
  • Water: Drilled

Schools

  • School District: St. Louis County #2142
  • Junior High Dist: St. Louis County #2142

Lot Info

  • Geo Update Timestamp: 2020-04-03
  • Estimated Lot Dimensions: 270x187x323x300
  • Estimated Number of Acres: 1.52
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Irregular Lot, Landscaped, Tree Coverage - Light, Level
  • Parcel Number: 625-0052-00020
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 4620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
Sep 25, 2020
Sold by
Coyle Michael F and Coyle Amy M
Bought by
Marinello Patrick C
Seller's Agent
Jim Burke
Keller Williams Classic Realty NW
Buyer's Agent
Andrea Zupancich
Z' Up North Realty
List Price
$465,000
Sold Price
$465,000
Total Days on Market
142
Current Estimated Value
$593,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,429
Avg. Annual Appreciation
5.44%
Original Mortgage
$215,000
Outstanding Balance
$193,379
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$400,050

Purchase Details

Listed on
Jul 15, 2016
Closed on
May 14, 2018
Sold by
Lamppa Marvin G and Lamppa Carolyn J
Bought by
Coyle Michael F and Coyle Amy M
Seller's Agent
Andrea Zupancich
Z' Up North Realty
Buyer's Agent
Jerry Fink
Canoe Capital Realty, LLC
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Original Mortgage
$427,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marinello Patrick C $465,000 Northeast Title Company
Coyle Michael F $450,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marinello Patrick C $215,000
Previous Owner Coyle Michael F $427,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $465,000 0.0% $173 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $465,000 +3.3% $173 / Sq Ft
05/14/2018 05/14/18 Sold $450,000 0.0% $167 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
07/15/2016 07/15/16 For Sale $450,000 -- $167 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,254 $503,200 $216,200 $287,000
2022 $4,926 $503,200 $216,200 $287,000
2021 $4,248 $435,700 $214,300 $221,400
2020 $4,620 $376,800 $195,400 $181,400
2019 $4,478 $376,800 $195,400 $181,400
2018 $4,544 $402,100 $216,200 $185,900
2017 $4,634 $402,100 $216,200 $185,900
2016 $4,652 $407,900 $216,400 $191,500
2015 -- $407,400 $216,100 $191,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6089112

APN: 625005200020